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All Forum Posts by: Sam Burrell

Sam Burrell has started 4 posts and replied 14 times.

Thanks folks- super helpful to have more input! 

I think we'll tell them were going with next in line but give them the opportunity to compromise- I like the longer lease compromise idea. That'd be ideal for us.

Extra rent is for pets- They have pets (we actually really like pets- the property is set up perfect and it'll bump rent $100/month for two). Grade A will sign and give us deposit tomorrow if we want to hold it but they're not willing to pay for two extra months. We'd have to eat the two vacant months to get them in there. Not sure if it's worth it. 

Post: is it ever okay to go with the only bid?

Sam BurrellPosted
  • Investor
  • moab, ut
  • Posts 14
  • Votes 1

Hello! We just bought a place in a rural and extremely seasonal area but would like to get a bathroom in before we rent it (we already have renters lined up if the bath gets done). We have had a few contractors look at it and none have the time to do it in the next few months except one, whos quote was actually decent. 

He's licensed and insured and answered all the questions right, but we're leery of going with the only person in town who can do it with only one estimate to bargain. Better to wait or take the chance?

We have applicants who seem like the perfect tenants but can't move in for two months, or another applicant who is only grade B- (based solely on income, otherwise they check out fine) who can move in right away. Both will be there long term- 1 year +. 

The Grade A+ renters can give first, last and deposit right now and will be a higher monthly rent. What would you do?